Category Archives: Taxes

Track Your Refund For Free on the IRS Website

It’s that time again, the time of year in which you eagerly await your federal tax refund. If only there was some way to hover over the IRS’s shoulders and breathe their neck while they work. Well, today wishes come … Continue reading

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Your Paycheck Changed – Here’s What’s Going On

So you notice your paycheck looked a little different, didn’t you.  A little smaller.  Do you want to complain?  Maybe you’d like to get hot under the collar at President Obama’s “secret, middle-class tax hikes (brought up in the comments … Continue reading

Posted in Current Events, Economy, Taxes | Tagged , , , , ,

Somebody Slept Through Civics Class…

… and it shows. Here’s an editorial cartoon from someone who just isn’t paying attention to how taxes work.  Not only that, but the cartoon’s author’s profession is political cartoons, and he’s old enough to be retired – and to … Continue reading

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Ask An Advisor: Charity Scams

Dear Abigail, I have a dear friend who recently realized he was duped by an organization claiming to benefit disabled veterans and their nonprofit caregiver organizations.  There was a national news story a few weeks ago that revealed the truth … Continue reading

Posted in Ask an Advisor, Current Events, Financial Planning, Spending, Taxes | Tagged , , ,

Saving In A 401(k) May Be “Cheaper” Than You Think

If you have a 401(k) at work,* you could be able to save money in your 401(k) while only reducing your paycheck by a fraction of your savings.  Most people mistakenly think that, if they have money taken out of … Continue reading

Posted in Income, Investments, Taxes | Tagged , ,

Watch Donald Duck File His 1941 and 1943 Tax Returns

With the help of an anthropomorphic fountain pen, ink well, and (I kid you not) blotter, you can watch Donald Duck file his 1941 income tax, and more interestingly, find out why he is paying his income taxes.  Spoiler alert: … Continue reading

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Anatomy Of A 1040 – Part 2

“Where there is an income tax, the just man will pay more and the unjust less on the same amount of income.” — Plato Our guided tour of the Form 1040 is going pretty well.  We looked at the first … Continue reading

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Anatomy Of A 1040 – Part 1

“The hardest thing in the world to understand is the income tax.” — Albert Einstein, physicist So, let’s make it a little easier. One of the (many) complaints I hear about taxes is that they are too complicated.  In fact, … Continue reading

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Tax Organizers Are On Their Way!

Yay, it’s tax season again!  And that means the good folks at the post office are now whisking organizers to our tax client’s doors.  So, here are three easy tips for folks getting their tax documents together: Make sure you … Continue reading

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And what about the 53%?

Dear people posting on the 53%: I don’t think all of you really are in the 53%. So, I wrote a little post about the 99% stories on tumblr the other week, but what about the 53%?  You know, the … Continue reading

Posted in Current Events, Taxes | Tagged , , , ,

Why 401(k) Loans Should Give You The Heebie-Jeebies

Question:  Would you take out a loan that, if you lost your job, would have to be paid back right away or you would be charged about 40% “interest”?*  No?  Then don’t take out a 401(k) loan. “Wait a second,” … Continue reading

Posted in Credit, Financial Planning, Investments, Taxes | Tagged , ,

Happy Sales Tax Holiday, Arkansas!

Look at this! Arkansas will hold its first annual sales tax holiday, beginning Saturday, August 6, 2011 at 12:01 a.m. and ending the Sunday, August 7, 2011 at 11:59 p.m. State and local sales tax will not be collected during … Continue reading

Posted in Spending, Taxes | Tagged ,

Avoiding The Left Field With Taxes

Have you ever had a conversation with someone who suddenly went off to left field?  You get yourself introduced, make some small talk, and then – POW!  They say something completely crazy.* After my post on The Line Between Tax … Continue reading

Posted in Taxes

Here’s Your Tax Receipt

 Well, tax season’s getting all wrapped up.  Now that you’ve taken care of your tax return and paid the tax due or gotten your refund, let’s take a moment to see where our money went at whitehouse.gov’s tax receipt calculator. I … Continue reading

Posted in Taxes

One Decision That Can Cost Ten Thousand Dollars

Have you ever thought to yourself, “I’d like to owe the IRS ten thousand dollars?”  Find out how! Let me share a conversation I had a few years ago with you.  Names and identifying details have been changed to protect me … Continue reading

Posted in Investments, Taxes